MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0004943
Industrial Explosives Private Limited - aerospace, maritime and defense in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.31 Cr
▲ 6% YoY
Net loss · FY 2024
₹46.49 Lakh
Net margin -1.3%
EBITDA · FY 2024
-₹39.11 Lakh
EBITDA margin -1.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.31 Lakh
Issued & subscribed
Satisfied charges
₹6.62 Cr
No open charges
Company age
65 yrs
Est. 1961
Directors on board
4
As per MCA filings
About Industrial Explosives Private Limited
Data last updated:
Industrial Explosives Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 28 April 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH1961PTC011995. Its GSTIN is 27AAACI3031J1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.31 Lakh. It is led by directors including Maneshram Joshiram Yerpude and Iqbal Hussain Asgharali Maimoon.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.31 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹46.49 Lakh (net margin -1.3%) and EBITDA of -₹39.11 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹6.62 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 5 cases are pending.
Industrial Explosives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0004943). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amagroup.in.
Company details
CIN U74999MH1961PTC011995
Registration Number 011995
Incorporation Date 28 April 1961
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0004943
Key People
Maneshram Joshiram Yerpude Director Iqbal Hussain Asgharali Maimoon Director Mishkaat Abdul Husain Maimoon Director Recognitions & Rankings of Industrial Explosives
Contact details
Industrial Explosives Private Limited's registered office is in Nagpur, Maharashtra. Its website is amagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMaimoon Chember Central Avenue Gandhibagh Behind Hasan Chember Behind Allahabad B, Ank, Nagpur, Maharashtra, India – 440002
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Industrial Explosives Private Limited, buy the company report.
Comprehensive company report
Industrial Explosives Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activities of Industrial Explosives are manufacturing, trade and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Industrial Explosives Private Limited, buy the company report.
Financials of Industrial Explosives Private Limited
FY 2025 filings availableIndustrial Explosives Private Limited reported revenue of ₹35.31 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹35.31 Cr ▲ 6%
Net loss · FY 2024
₹46.49 Lakh margin -1.3%
EBITDA · FY 2024
-₹39.11 Lakh margin -1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 21%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 117%
3 years · compounded
▼ 45%
5 years · compounded
▼ 25%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 6% growth in the latest year. EBITDA fell 117% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹39.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Industrial Explosives Private Limited, buy the company report.
Board of directors of Industrial Explosives Private Limited
Industrial Explosives has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maneshram Joshiram Yerpude Also directs: Ama Industries Private Limited | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Iqbal Hussain Asgharali Maimoon Also directs: Ama Industries Private Limited, Ama Extrusions Pvt Ltd | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
| Mishkaat Abdul Husain Maimoon | Director | 22 Mar 2024 | 2 Years 7 Months | Current |
| Abdulhusain Maimoon Also directs: Ama Industries Private Limited, Ama Extrusions Pvt Ltd | Director | 16 Apr 1994 | 32 Years 6 Months | Current |
Auditor
Industrial Explosives Private Limited is audited by LOYA BAGRI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA BAGRI & CO | FY 2022 | 105658W |
Shareholding
The shareholding of Industrial Explosives Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Industrial Explosives Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2019 | 100271979 | Others | ₹4 Cr | Satisfied | |
| 02 Feb 2012 | 10335072 | Central Bank of India | ₹2.2 Cr | Satisfied | |
| 20 Jan 2000 | 90240644 | Central Bank of India | ₹20 Lakh | Satisfied | |
| 20 Jan 2000 | 90242254 | Central Bank of India | ₹20 Lakh | Satisfied | |
| 08 Mar 1993 | 90241978 | Central Bank of India | ₹2 Lakh | Satisfied |
To see the full charge records of Industrial Explosives Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Industrial Explosives Private Limited has 9 court cases on record: 4 filed by Industrial Explosives, 5 filed against it. 5 cases are pending and 4 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
5
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Univenture Industries Pvt. Ltd. | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Rudraksha Allied Chemicals Pvt. Ltd. Through Its Sales Manager Jignesh Pranshakar Joshi | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Industrial Explosives Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Industrial Explosives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Industrial Explosives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI3031J1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Industrial Explosives Private Limited, buy the company report.
Recent activity
Industrial Explosives Private Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Iqbal Hussain Asgharali Maimoon was appointed as Director on 25 Jul 2025.
AGM
Industrial Explosives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Iqbal Hussain Asgharali Maimoon was appointed as Director.
Filing
Industrial Explosives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Appointed
Mishkaat Abdul Husain Maimoon was appointed as Director.
Ceased
Iqbal Hussain Asgharali Maimoon ceased to be Director.
Appointed
Maneshram Joshiram Yerpude was appointed as Director.
Charges
A charge registered on 17 Jun 2019 via Charge ID 100271979 with Others was fully satisfied on 05 Dec 2022.
Ceased
Mathai George ceased to be Director.
Charges
A charge registered on 02 Feb 2012 via Charge ID 10335072 with Central Bank Of India was fully satisfied on 04 Jul 2019.
Charges
A charge registered on 20 Jan 2000 via Charge ID 90242254 with Central Bank Of India was fully satisfied on 04 Jul 2019.
Charges
A charge registered on 20 Jan 2000 via Charge ID 90240644 with Central Bank Of India was fully satisfied on 04 Jul 2019.
Charges
A charge registered on 08 Mar 1993 via Charge ID 90241978 with Central Bank Of India was fully satisfied on 04 Jul 2019.
11 earlier events are in the company report.
Frequently asked questions
Industrial Explosives is an active private limited company based in Nagpur, Maharashtra, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 28 April 1961 (65+ years old) and is registered under CIN U74999MH1961PTC011995.
Industrial Explosives has 4 current directors:
- Maneshram Joshiram Yerpude - Director
- Iqbal Hussain Asgharali Maimoon - Director
- Mishkaat Abdul Husain Maimoon - Director
- Abdulhusain Maimoon - Director
The latest financial statements of Industrial Explosives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Industrial Explosives is 27AAACI3031J1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Industrial Explosives is U74999MH1961PTC011995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Industrial Explosives has 9 court cases on record: 4 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Industrial Explosives was incorporated on 28 April 1961, making it 65+ years old. It is registered with the Registrar of Companies, Nagpur.
Iqbal Hussain Asgharali Maimoon was appointed as Director on 25 Jul 2025. Mishkaat Abdul Husain Maimoon was appointed as Director on 22 Mar 2024. Iqbal Hussain Asgharali Maimoon ceased to be Director on 16 Oct 2023. Industrial Explosives has 9 board changes on record in total.
Yes, Industrial Explosives is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0004943).
Industrial Explosives can be reached through the website amagroup.in. Its registered office is in Nagpur, Maharashtra, India.
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